Ne Coag NeIBOOE FACULTY OF MANAGEMENT M.B.A. I Semester Examination, February 2010 LEGAL ASPECTS OF BUSINESS Course No. 106/301 E Time: 3 Hours] [Max. Marks: 80 Note : Answer all questions. PART- A (10x2=20 Marks) ib, abdNtarepresentation by Coercion c)Bailment dyBreach of contract e)oint stock company f) /Artticles of association 2 Unfair trade practices hy Consumer awareness iy Conciliation Copyright. PART -B (5x12=60 Marks) 2*4) Define contract. Explain essentials of valid contract. OR b) Examine remedies for breach of contract with suitable illustrations. 3. a) Explain rights and duties of an agent. OR b) Distinguish between promissory note and bill of exchange. (This paper contains 2 pages) 1 P.T.O.